Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304) Just Reported And Analysts Have Been Cutting Their Estimates

Last week saw the newest first-quarter earnings release from Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304), an important milestone in the company's journey to build a stronger business.

Simply Wall StApr 29 18:38 ET

The A-share market is “full of excitement”; why did Yanghe Co., Ltd. “dance as an elephant”?

The password for the Yanghe Crossing Cycle “Investor Network” Xie Yinan accompanied the disclosure of annual reports by 19 listed liquor companies, and the A-share market was “full of excitement.” The market found that the leading effect in the industry is obvious. The performance sensitivity of high-quality wine companies is low, and there is more room to operate and resist risks. In 2023, the operating income of Yanghe Co., Ltd. (002304.SZ) reached 33.126 billion yuan, an increase of 10.04% over the previous year; net profit to mother was 10.016 billion yuan, an increase of 6.8% over the previous year. In terms of shareholder returns, basic earnings per share in 2023 were 6.65 yuan, an increase of 6.8% over the previous year. As a leading company in the liquor industry

China InvestorsApr 27 06:23 ET

What Is Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.'s (SZSE:002304) Share Price Doing?

Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304) received a lot of attention from a substantial price movement on the SZSE over the last few months, increasing to CN¥106 at one point, and dr

Simply Wall StApr 23 21:59 ET

Why Investors Shouldn't Be Surprised By Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.'s (SZSE:002304) Low P/E

Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.'s (SZSE:002304) price-to-earnings (or "P/E") ratio of 14.3x might make it look like a strong buy right now compared to the market in China, where around ha

Simply Wall StApr 2 21:09 ET

Tianfeng Securities: The liquor industry still has three points that exceeded expectations during the Spring Festival in '24

Tianfeng Securities released a research report saying that during the Spring Festival in '24, the overall performance of the liquor industry was stable and internal differentiation was strong (in line with expectations). The expected volume was close to flat year on year, and prices continued to maintain a weak growth trend. The liquor industry can still focus on three main lines.

Zhitong FinanceMar 20 22:10 ET

As Jiangsu Yanghe Brewery (SZSE:002304) Rises 5.6% This Past Week, Investors May Now Be Noticing the Company's One-year Earnings Growth

The simplest way to benefit from a rising market is to buy an index fund. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. That downside risk was realiz

Simply Wall StMar 12 20:34 ET